China drafts new law to help develop private sector
The key focus will be placed on protecting the private companies' property rights and the rights and interests of entrepreneurs in accordance with the law, ensuring their…
Economic Affairs
Chinese lighter smuggling thrives after Indian ban
The Nepal-India bilateral trade treaty forbids the export of goods imported to Nepal to be exported to India without undertaking any manufacturing activity and vice versa. But,…
62% young women not in employment, education
Experts think the tendency among young women to move to non-wage jobs and their higher rate of dropouts in the post-pandemic period have been the main factors for the spike in…
Overhaul Shunto wage talks to overcome Japan’s ‘lost 30 Years’
Although it was an effective framework during the postwar era of rapid growth, it has not functioned well since the 1990s, notes the writer.
Bangladesh govt’s move fails to stop price hike ahead of Ramadan
According to the data from Trading Corporation of Bangladesh, the costs of chickpeas, lentils, onions, broiler chicken, and farm eggs saw a spike over the past month.
Fitch, Moody’s raise concerns about fiscal policy under Prabowo leadership
Analysts warn that sudden increase in government spending to swiftly fulfil all of Prabowo’s promises could breach the budget deficit cap, which is set by law at 3 percent of…
Hong Kong banks to see a bumpier year amid economic uncertainties
A tapestry of challenges confronting the nation’s economy has cast a long shadow over the banking sector.
Vietnam to witness biggest wealth growth: report
According to wealth analyst Andrew Amoils, Vietnam is an increasingly popular production base for multinational technology, automotive, electronics and textile companies.
Thai PM envisages 8 hubs in ambitious vision for Thailand’s economic future
In his speech, PM Srettha said his government would push Thailand to be No. 1 in the eight areas, capitalising on the kingdom’ss location advantage and good infrastructure that…
Don’t compare weakening ringgit to 1998 Asian financial crisis, says Anwar
The Prime Minister said that the current situation must be based on an overall picture including the country's capacity to grow and the reassuring investments figures.